Petrol & Diesel Price Today
Live fuel prices across India — updated daily. Last updated: 14 Jul 2026
Petrol & Diesel Prices Today — 14 Jul 2026
LivePetrol Price Breakdown (Delhi, per Litre)
| Base Price (ex-refinery) | ₹55–60 |
| Freight & OMC Margin | ₹3–4 |
| Central Excise Duty | ₹19.90 |
| Dealer Commission | ₹3.60 |
| Delhi VAT (approx. 19.4%) | ₹12–14 |
| Total Pump Price | ≈₹94–95/L |
*Taxes constitute approximately 50–55% of the total retail price.
Frequently Asked Questions
Petrol prices vary by state due to different VAT/sales tax rates. States like Maharashtra and Karnataka have higher taxes, leading to higher pump prices. Central excise duty (₹19.90/L) is the same across India.
Dynamic fuel pricing was introduced in June 2017. Prices can change daily at 6 AM based on international crude oil prices and the INR/USD exchange rate. However, the government often keeps prices stable during periods of high inflation.
Petrol price includes: Base price (ex-refinery) + Central Excise Duty (~₹19.90/L) + State VAT (varies 20-40% by state) + Dealer commission (~₹3.60/L). Taxes account for 50-55% of the final price.
No. Petrol and diesel are kept outside the GST framework. They are taxed through central excise duty (a form of central tax) and state VAT. Bringing them under GST would require constitutional amendment and consensus from all states.